INDUSTRY GROWTH
LIFE CYCLE MATURE
• Through 2019, industry revenue is for cast at an average annual rate of 4.3%
According to the Scott-Macon industry analysis, growth through 2019 is projected to be much higher than we are saying.
According to IBISWorld (a leading market research firm), the global janitorial services industry has grown steadily at a 1.4% rate per year, annualized over the past 6 years. According to Scott-Macon, the janitorial industry is currently a $61 Million juggernaut and projected to increase 4.3% through 2020. Now is the time to take advantage of the opportunities this industry affords! Those who have a proven system of sales and operations tend to grow, while many other smaller companies are happy with a smaller piece of the pie. Most of the fifty thousand janitorial services companies in the United States are "mom and pop" companies, like the ones you will offer and sell unit franchises to, leaving the majority of building cleaning opportunities for larger, more established and more quality-control-driven firms like the Master Franchise you will purchase from Forte Commercial Cleaning. IBISWorld provides the following synopsis analysis of the janitorial services industry: "The Janitorial Services industry has grown moderately as demand for commercial cleaning services, the industry's primary product segment, increased in each of the past five years. Additionally, declining office vacancy rates, increasing nonresidential construction activity and growth in the number of businesses broadened the industry's client base, contributing to higher industry demand. In the next five years, a robust economy will lift demand for cleaning services."